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Showing 6471 - 6480 of 14214 results for "Interest"

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
... confirmed by an internal company review, that certain promotional materials may have led customers to understand that the interest paid on their cash options would be eligible for ING DIRECT's highest variable savings rate, including any bonus rates. ...

ANZ to refund millions in unlawfully charged fees

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
... when a payment is processed from the ANZ deposit account. The bank will refund $25.8 million in fees and $3 million in interest to 376,570 retail accounts and 17,230 business accounts. ASIC deputy chairman Peter Kell said, "Good fee disclosure is integral ...

Negative rates can generate positive returns

DARREN SNYDER  |  TUESDAY, 6 SEP 2016
... is possible to construct a multi-asset investment portfolio that delivers positive returns while navigating negative interest rates. PIMCO vice president and quantitative research analyst Laura Ryan showed that in some circumstances negative yields can ...

Super CIOs say short-termism endemic

DARREN SNYDER  |  TUESDAY, 6 SEP 2016
Superannuation fund chief investment officers warn that endemic short-termism across super and the wider asset management industry will hurt member returns and place massive pressure on future investment strategies. A panel of fund executives told the ...

Capital stewards create value on Main Street

DARREN SNYDER  |  TUESDAY, 6 SEP 2016
... industry professionals. Capital stewardship is continually redefined as asset owners take on much more responsibility and interest in their investments. In recent years super funds have paid closer attention to stewardship, recognising what it means ...

CBA offers $9.4m in compensation

ALEX BURKE  |  MONDAY, 5 SEP 2016
... detail as to how the advice review process works, saying that after households are initially contacted and expressions of interest are received, each customer file (which is "typically 200 pages or more") is reviewed by assessors. That review is then ...

Man Group appoints institutional sales manager

JAMIE WILLIAMSON  |  MONDAY, 5 SEP 2016
... clients across a range of investment strategies will be a great addition to our existing team. "We continue to see growing interest from institutional investors in our offering of investment strategies, and Chris will play a key role in helping us to ...

Low rates signify opportunity for reinvesting

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2016
Australia should start thinking about historically low rates as an opportunity for reinvestment, according to Vanguard principal and head of investments, Vanguard Asia Pacific Rodney Comegys. Addressing the Vanguard ETFs in Practice forum in Sydney ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
The federal court in Melbourne has made orders winding up Ostrava Equities and eight other companies associated with the Ostrava financial services business. The court also banned Bradley Grimm and Vanessa Ash, who is lawyer formally employed by ASIC ...

How super investment option fees vary

MARK SMITH  |  FRIDAY, 2 SEP 2016
... superannuation funds. The range of investment fees is wider in respect to asset specific options. While cash and fixed interest options are, on average, below 0.5%, the average fees for equity options is 1.1%. Above these, options for alternative and ...